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Share Price Information for Costain (COST)

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Share Price: 86.20
Bid: 85.00
Ask: 85.80
Change: 3.00 (3.61%)
Spread: 0.80 (0.941%)
Open: 84.00
High: 86.20
Low: 83.00
Prev. Close: 83.20
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Costain and Heathrow Airport partner on net-zero investment

Tue, 29th Nov 2022 14:43

(Alliance News) - Costain Group PLC on Tuesday said it is partnering with Heathrow Airport to deliver its new investment programme, to help the airport with its journey in becoming a net-zero aviation hub.

The Maidenhead, England-based infrastructure construction firm is a delivery partner to Heathrow Airport.

Costain is providing construction, consulting and digital capabilities to Heathrow to create and deliver asset renewal and construction projects procured through the Terminal Asset Renewal Partner and Major Project Partner lots of the H7 framework.

Costain has been awarded its first commission, early contractor involvement in the design phase of the upgrade of baggage handling facilities and systems at Terminal 2, via the Major Project Partner lot.

"Our integrated team will work closely with Heathrow to address the challenges of rebounding from Covid-19, transforming to a net-zero airport and attracting new customers and airlines to give passengers a world-class airport experience," Sue Kershaw, managing director for Transportation at Costain, said.

Costain shares were up 4.1% to 40.02 pence on Tuesday afternoon in London.

By Jaskeet Briah; jaskeetbriah@alliancenews.com

Copyright 2022 Alliance News Limited. All Rights Reserved.

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